Volatility index, VIX futures slide

optionMONSTER

The CBOE Volatility Index, VIX futures and the S&P 500 all ended lower on Friday.

The VIX slipped 0.09 points to 13.98 after bouncing off the day's low of 13.69 in the last hour of trade. This came as the SPX ended barely in negative territory at 1460.15. The two indexes usually move in opposite directions.

The October VIX futures were down 0.35 points to close at 16.05, and the November VIX contracts lost 0.20 points to 17.85. This pushed the iPath S&P 500 VIX Short-Term Futures ETN (VXX) to a new all-time closing low while the the ProShares Trust Ultra VIX Short Fund (UVXY) and the VelocityShares Daily 2X VIX Short-Term Note (TVIX) saw all-time intraday lows.

The VIX options traded just under 400,000 contracts, lighter than what we have seen in the lsat couple of weeks, as calls outpaced puts by more than to 2 to 1. The VXX options weren't far behind with 310,000 contracts traded, with puts just slightly outnumbering calls.

More From optionMONSTER

View Comments (0)